Prpl Enterprises Private Limited v. Keemaya Build Private Limited
Case brief
What is this about?
Consent settlement decree; Bombay High Court OOCJ; Commercial Suit No. 44 of 2024; Keemaya Build Pvt. Ltd. v. Glider Buildcon Realtors Pvt. Ltd. & Ors.; Somasekhar Sundaresan, J.; order dated February 18, 2026; Consent Terms dated February 10, 2026; undertakings accepted as undertakings to the Court; decree in terms of Consent Terms; Memphis Realtors Private Limited added as Defendant No.15 (holding company of Defendant No.2, 100% equity ownership, underwriter); eight undelivered suit flats; delivery of flats including Flat No.2603, 26th floor, 'B' wing, or monetary payment; Defendant Nos.4–14 absolved / not proceeded against; refund of Court fees; no order as to costs (de minimis bills of costs); Interim Applications Nos.6514/2025, 915/2025, 5573/2025 and (L)6223/2026 disposed.
What did the court decide?
Suit decreed and finally disposed of in terms of Consent Terms dated February 10, 2026: Defendant Nos.1, 2, 3 and newly added Defendant No.15 (Memphis Realtors Private Limited) to discharge owed obligations by monetary payment and delivery of flats in Defendant No.15's separate project, including Flat No.2603 on the 26th floor of the 'B' wing (or monetary payment if third-party interest disputes are unresolved); Defendant Nos.4 to 14 not proceeded against and completely absolved; undertakings in the Consent Terms accepted as undertakings to the Court; refund of Court fees to be processed per applicable rules; no order as to costs.